We now offer Ozow secure payments right from your browser, through a simple step-by-step process.
You are not required to register nor save your credit/debit card.
Secure payment experience, due to two-factor authentication. Paying through Ozow is also more secure than paying with a credit card or eWallet.
All other payment information that the bank requires for the transfer is already populated for you, making Ozow’s payment method very convenient.
Payments are instant and will reflect as paid right away, no waiting for manual EFT payments to be validated or cleared.
We can process Instant EFTs with customers who have an account with one of South Africa’s six major banks, namely ABSA, FNB, Nedbank, Standard Bank, Capitec and Investec.
What is an instant EFT you ask, an Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single bank or across multiple banks, through computer-based systems and without the direct intervention of the bank’s staff. Instant/Automated EFT is a type of payment service that allows you to pay via EFT, without the inconvenience of a waiting period, and in some cases additional fees.
Don’t worry, we don’t charge any additional fees for doing an EFT payment on our end.
How Secure are instant EFT Payments powered by Ozow?
Ozow’s Thawte Certificate enables Ozow to offer the utmost levels of security to merchants and customers alike, ensuring that all messages travelling between the browser and Ozow are encrypted. Also, Ozow trusted and verified sites present a green notification flag in their address bar, so customers do not have to be concerned about whether their information can be accessed or viewed. Thus through Ozow, online payment processing is safe and secure. Confidence and trust between merchants and customers are built and secured based on one of the most consistent network infrastructures available.
Can I use a Credit card?
You can pay using your credit account, but NOT your credit card. Your credit card is a physical key that links to your credit account. Because the gateway directs you to all your accounts via your internet banking profile, the need for a physical card is bypassed, allowing you to access your credit account directly.
Tuesday, October 8, 2019